Gemini Raises $400 Million in Growth Equity Funding Round; Metaverse Clash In...
Gemini, the regulated cryptocurrency exchange founded by the Winklevoss Twins, has raised $400 million in its most recent growth equity funding round. This financial round gave it a valuation of $7.1 billion, being one of the most valuable exchanges in the crypto world. The financial round, led by Morgan Creek, also had the participation of key leaders in the venture capital sector. Gemini has been investing heavily in alternative metaverse proposals. Gemini Hits $7.1 Billion Valuation Gemini, the cryptocurrency exchange created by the Winklevoss twins, the two Facebook....
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The Winklevoss twins have big plans for a Gemini future in different Metaverses as they go head to head with archrival Meta. The Winklevoss twins’ crypto exchange Gemini will allocate capital from its $400 million funding round into building a “Gemini experience in different Metaverses.” Gemini announced that it had closed a $400 million equity growth funding round at a valuation of $7.1 billion on Nov. 18, marking the first time the firm had sought outside financing. Morgan Creek Digital led the round with participation from 10T, ParaFi, Newflow Partners, and Marcy Venture Partners to....
Hadean, a company using computing to scale virtual and metaverse worlds, has successfully closed its Series A funding round, raising $30 million. Among the companies that invested were gaming giant Epic Games and Chinese entertainment behemoth Tencent. Hadean aims to keep developing its metaverse-scaling infrastructure and software.
Hadean Closes $30M Series A Funding Round
Hadean, a U.K.-based computing company, has raised $30 million to expand its current reach and grow its metaverse scaling capabilities.
The company closed its Series A funding round gathering support from....
The growth round comprises $85 million in a series C equity closing and $300 million in debt financing.
Vancouver, British Columbia, Canada, August 18, 2021 — Highstreet, the world’s first commerce-centered metaverse with a DeFi marketplace for limited edition products, has raised $5 million in funding. The funding round was led by both crypto and traditional VCs, including Mechanism Capital, NGC Ventures, Palmdrive Capital, Cherubic Ventures, Jump Trading, GBV, Panony, and Shima Capital. […]
Condense, a Bristol, England-based metaverse company that produces technology to allow the streaming of events to virtual reality apps, has raised $4.5 million in its most recent seed round. The round, which was led by Localglobe, 7percent Ventures, and Deeptech Labs, gives Condense funding to deepen its relationship with artists, labels, content creators, and metaverse platforms in order for its technology to be adopted by more companies.
Condense Raises $4.5 Million to Deepen Metaverse Streaming Adoption
Condense, a Bristol, England-based company that offers metaverse streaming....